In the newest buying and selling session, Skyworks Options (SWKS) closed at $117.85, marking a +1.7
In the newest buying and selling session, Skyworks Options (SWKS) closed at $117.85, marking a +1.71% transfer from the day before today. This variation outpaced the S&P 500’s 0.45% achieve on the day. On the identical time, the Dow added 0.49%, and the tech-heavy Nasdaq gained 0.67%.
Coming into right this moment, shares of the chipmaker had gained 20.65% previously month. In that very same time, the Pc and Know-how sector gained 2.67%, whereas the S&P 500 gained 2.44%.
SWKS will likely be seeking to show power because it nears its subsequent earnings launch. The corporate is anticipated to report EPS of $1.65, down 9.84% from the prior-year quarter. Our most up-to-date consensus estimate is asking for quarterly income of $880.29 million, down 9.44% from the year-ago interval.
SWKS’s full-year Zacks Consensus Estimates are calling for earnings of $6.37 per share and income of $3.44 billion. These outcomes would signify year-over-year adjustments of +3.24% and +1.79%, respectively.
Any current adjustments to analyst estimates for SWKS ought to…